On Tuesday, November 29th, Virginia Governor Glenn Youngkin and Virginia State and Arlington County Officials visited the Technomics, Inc. HQ, in Arlington, VA, to recognize Technomics, a 100% employee-owned data analytics company, for their recent expansion and commitment to generate 150 jobs in Arlington County.

During the celebratory event, employee-owners were excited to hear about the future growth of the company and to welcome Governor Youngkin and other guests to the Technomics office. The event kicked off with an introductory speech by Rick Collins, Technomics’ Technical Director, outlining the company’s history and growth in Arlington County over the past 22 years. Rick also welcomed Technomics employee-owners, clients, State and County officials to the Technomics office, and introduced Virginia’s 74th Governor, Glenn Youngkin.

                   

Governor Youngkin spoke passionately about the unique skills and capabilities of Technomics and the value the company delivers to their clients. He spoke about the importance of Technomics—and the Commonwealth—always acting with a clear sense of urgency.  He spoke fondly of the virtues of employee-ownership.  He thanked the Virginia Economic Development and Arlington Economic Development groups for their partnership with Technomics, Al for the welcoming invite and tour of the Technomics HQ, and the Technomics employee-owners for their continued effort and success with clients.  He also thanked Technomics for its dedication to contributing to the local economy and mentioned how he is excited to celebrate with Technomics in its upcoming stage of growth. During his speech, Governor Youngkin also spoke about the commitment that Technomics is making to continue to make “better decisions faster” by understanding client needs and providing best in class innovation to support their clients’ missions. He concluded his speech by saying how honored he is to partner with Technomics on their $1.7 million-dollar investment to expand the Technomics space and increase the Virginia job capability by 150 jobs.  

Following Governor Youngkin’s speech, Rick Collins introduced Ryan Touhill, the Director of the Arlington Economic Development group, who presented Al Leung, President and CEO of Technomics, with a Key to the County as not only a symbol of Technomics' extraordinary growth and success, but also a partnership between Technomics and Arlington County.

In his speech, Al thanked Governor Youngkin and Arlington County staff for their continued support.  He spoke about Technomics’ commitment to be “great stewards of the taxpayers” and how more and more clients will need our unique blend of services to help them navigate challenging times ahead.  Al spoke optimistically about the economic concerns, that many companies are facing, as an opportunity to help more clients utilizing Technomics' broad skillset.  

Al also surprised employee-owners and his guests with a 2-part announcement. The first part of the announcement included details regarding an additional 10,000 square foot building expansion on top of the recent 10,000 square foot expansion to the current 14th floor of the Technomics building.  The additional 10,000 square foot space will also be in Arlington County and will be dedicated to clients requiring compliance with specialized technical requirements.  

In the second part of the announcement, Al announced that a large Technomics sign, including the Technomics name and logo, will be proudly installed at the top of our building in the upcoming weeks for all current and future Technomics employee-owners to see as they cross over the 14th Street bridge. During his speech, Al mentioned the significance behind the sign and how it is an emblem of two important things:  

 “The first is how a small company, using nothing but data and analytics and an insistence to always be better, better in every way, can punch so much above our weight class, generating literally billions in economic value for our clients. Second, the sign is also a great emblem of something simple but powerful and enduring, which is what happens when we aim high and we work hard and help and challenge each other to achieve our goals.”

Since January of 2001, and a company size of only 3 people, this sign has been a goal to recognize the company’s ability to grow with talented employee-owners and occupy enough space within the building to be publicly represented. In the upcoming weeks, this goal will be achieved.

Following the conclusion of the announcement and speeches, Governor Youngkin presented Al with a Virginia State Flag which has flown over the State Capitol.  In return, Al presented the Governor a Technomics branded vest which the company presents to its employee-owners upon their Employee Stock Ownership Plan vesting.  The event concluded with a tour of the Technomics office where the Governor learned more about the variety of Technomics’ projects, clients, and work through presentations given by two employee-owners, Adam James and Chuck Horgan.

This event and partnership symbolize the growth of Technomics over the years made possible by dedicated, hard-working employee-owners who go above and beyond everyday for their clients, colleagues, and company. Technomics looks forward to all future opportunities as the company continues to grow.  

 

References

https://www.governor.virginia.gov/newsroom/news-releases/2022/november/name-943444-en.html

https://www.fox5dc.com/video/1148660